It depends on how much money it costs to defend against the harassment of the Arkansas Project, which itself was well-financed by the right-wing masters of the morons who are now claiming … what? … that lawyers work for free? That the Clintons should have used tax money to defend themselves? That frivolous lawsuits are good as long as they are brought by lunatic billionaire fat cats?
Politifact.com looked at her statement and rated it “mostly false” – http://www.politifact.com/truth-o-meter/statements/2014/jun/10/hillary-clinton/hillary-clinton-says-she-and-bill-were-dead-broke/[]As they noted, although the Clintons were in debt due to Bill’s legal bills and the need to put Chelsea through college, they were regarded as being such “safe” credit risks that they were able to secure a $2m loan to purchase a house.[]Thus, while they might have been in the red by a significant margin, they weren’t “dead broke” by any stretch of the imagination because they could still get credit. []And why could they still get credit? It was determined that the pair could easily make large sums of money in short order via speaking engagements and book deals, which is just what happened: by 2004, the Clintons were completely debt-free.
Michael Peterson Premium Member about 10 years ago
It depends on how much money it costs to defend against the harassment of the Arkansas Project, which itself was well-financed by the right-wing masters of the morons who are now claiming … what? … that lawyers work for free? That the Clintons should have used tax money to defend themselves? That frivolous lawsuits are good as long as they are brought by lunatic billionaire fat cats?
echoraven about 10 years ago
Dead Broke = When we have to cut back on the staff to our vacation home…
Enoki about 10 years ago
Revisionist history is very popular with the Left.
TripleAxel about 10 years ago
It’s like she’ll say whatever she thinks will help her political prospects.
Ironhold about 10 years ago
Politifact.com looked at her statement and rated it “mostly false” – http://www.politifact.com/truth-o-meter/statements/2014/jun/10/hillary-clinton/hillary-clinton-says-she-and-bill-were-dead-broke/[]As they noted, although the Clintons were in debt due to Bill’s legal bills and the need to put Chelsea through college, they were regarded as being such “safe” credit risks that they were able to secure a $2m loan to purchase a house.[]Thus, while they might have been in the red by a significant margin, they weren’t “dead broke” by any stretch of the imagination because they could still get credit. []And why could they still get credit? It was determined that the pair could easily make large sums of money in short order via speaking engagements and book deals, which is just what happened: by 2004, the Clintons were completely debt-free.
DavidGBA about 10 years ago
Not enough for next month, borrowing for expenses?